Yoni Assia, CEO, and Co-founder of eToro, commented: We continue to see strong positive momentum and our Q2 numbers demonstrate ongoing growth in new registered users and total commissions. In line with this, funded accounts grew by 158% year on year to 2 million as of 30 June 2021. Cryptoassets drove the company's commissions in…
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Operating income was increased 9.7% YoY and F&C income accounted for more than 75% of operating income. EBITDA added 3.9% and the adjusted EBITDA margin stood at 72.4%. Yury Denisov, Chief Executive Officer of Moscow Exchange, said: We see interest from clients to trade global markets strategies using derivatives. For that reason, we recently launched…
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Kim Fournais, CEO and founder of Saxo Bank, said: As we look ahead, it is clear that we live in a world that is still seeing many uncertain and unprecedented experiments both financially, technologically, socially and health-wise. We are confident Saxo Bank is heading in the right strategic direction. We are building a prudent financial…
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Despite the increase in revenue, the company is still running at a loss, reporting a net loss during Q2 2021 of $502 million, or -$2.16 per share. In the second quarter of 2020, it reported a net income of $58 million, or $0.09 per share. Adjusted EBITDA (non-GAAP) was $90 million in the second quarter…
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The number of active customers has grown compared to both halves of 2020. It is currently 333,940, up from the first half of 2020 which saw 328,409 and a larger recovery after the customer base fell in the second half of 2020 to 278,566. The company is also expected to see revenue continue to grow…
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Summary Financial Results Fourth Quarter Fiscal Year Dollars in millions, except per share data 2021 2020 Change 2021 2020 Change Recurring fee revenues $1,065 $930 15% $3,333 $3,036 10% Total revenues $1,532 $1,362 12% $4,994 $4,529 10% Operating income 281 299 (6%) 679 625 9% Margin 18.4% 21.9% 13.6% 13.8% Adjusted Operating income -…
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Despite seeing a rise in revenue of 24%, expenses have only increased by 9%. It means that a large portion of the revenue increase can go towards profits. Expenses sat at HK$2 billion for the first half of 2020 and only increased to HK$2.2 billion for the first half of 2021. This helped to create…
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The figures for the first three quarters of the year are slightly different, although they still show an increase in profits for the company. Total revenue for 2020 was at $39.854 billion, with 2021 revenues decreasing by 23% to $30.687 billion. Despite the fall in revenue, expense figures were improved over this period. StoneX decreased…
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Despite this significant increase in expenses, it is something that XTX Markets expected. As it moved across IP ownership and staff contracts to XTX Markets, this led to the expense increases. XTX Markets also made it clear in its financial statement that it had no contributions to political parties and, as such, had no political…
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PrimeXM Data Centre in London LD4 registered $796.11 billion in notional value, 76% of the total monthly traded volume. The Data Centre TY3 has returned second place from with $125 billion in monthly trading volume, 5.5% more than the $118.50 billion registered in NY4 Data Centre. XAUUSD remains consistent as the favouruite instrument of PrimeXM's…
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